Activity-Based Budgeting and Cost Management

• Legacy budget development and cost management methods are no longer adequate for the ever-increasing demands on the maintenance organization to do more and more with few resources and less money. This session introducesactivity-based budgeting and best practices cost management methodology that ensures a budget predicated on actual need and a practical means to manage that budget for optimal benefit in terms of available capacity, reduced cost and maximum useful life of capital assets.

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